Club Olimpia is a Paraguayan sports club based in the city of Asunción. The club promotes the practice of sports with most importance given to the football and basketball sides. Internationally, the club is referred to as Olimpia Asunción in order to distinguish itself from Latin American football clubs of the same name, Olimpia are the most decorated institution in Paraguayan football with 40 domestic titles to date. El Decano or Rey de Copas, as they are known, also holds the record of winning six consecutive Primera division titles. Olimpia hold eight international titles, among which three Copa Libertadores and one Intercontinental Cup and it is the only Paraguayan club to have won official CONMEBOL tournaments, and it is also one of only two clubs in history to have earned an international cup despite not playing in it. In 1990 Olimpia won the Copa Libertadores and the Supercopa Libertadores, in 1979 they achieved the rare feat, so far limited to an exclusive set of clubs, of winning all possible official titles on offer that year. They completed the quadruple by winning the Paraguayan championship, Copa Libertadores and it is also one of the best supported clubs in the country and, for several years, has seen the highest attendance figures at their games. Olimpia disputes the Paraguayan football derby with Cerro Porteño, the two maintain a historic rivalry which is considered one of the more traditional South American clásicos. Against Guaraní they play the clásico añejo and also the black, the football team plays its home games at the Estadio Manuel Ferreira, also known as El Bosque and Para Uno. Basketball and other sports, have their own sports centre named after former president Osvaldo Dominguez Dibb in the site as the stadium in the suburb of Mariscal López. Olimpia was founded on July 25,1902, being the oldest football team in Paraguay, the act of foundation was written in the Rodis family home, located in the streets of Azara and Independencia Nacional in downtown Asunción, Paraguay. That evening, three names for the club were suggested, Paraguay, Esparta and Olimpia, the final decision came to William Paats who chose Club Olimpia as the team official name, in honor of the Greek city of Olympia where the Olympic Games were born. The original kit was composed of a shirt with the word Olimpia written in white across the chest. Later, white and black were adopted as the colours for the team, the alternate jersey is black with a white stripe, though in 2008 the stripe is vertical. The first national championship in Paraguay was played in 1906, after the foundation of the Paraguayan Football Association and it wasnt until 1912 that Olimpia won a championship, facing Sol de América in the final. In that same year, Olimpias biggest rival, Cerro Porteño, was founded, Olimpia repeated the same feat by becoming champions in 1936,1937,1938. The 1940s presented a rough time for Olimpia with bad results for most of the decade, after the unpleasant times in the 1940s decade Olimpia started to establish its dominance in the Paraguayan league when Manuel Ferreira Sosa assumed the presidency of the club in the mid-1950s. During Ferreiras presidency the football stadium, Estadio Manuel Ferreira, was built, however, the most important accomplishment made by Ferreira was the acquisition of several key players that led Olimpia to a record five consecutive championships, from 1956 to 1960
The team that won its first Primera División championship in 1912.
Olimpia squad during a 2002 Copa Libertadores match.
Marcelo Recanate, president of Club Olimpia.
Olimpia Asunción in a fixture against 3 de Febrero at the Defensores del Chaco in 2011.